Issue of Equity

4 October 2013

                          PowerHouse Energy Group plc                          

                        (the "Company" or "PowerHouse")                        

                                Issue of shares                                

Powerhouse announces that further to the announcement made on 9 August 2013
regarding the completion of its acquisition of Pyromex AG, it has allotted the
remaining tranche of 173,500 ordinary shares to Peter Jeney, Chairman and
President of Pyromex AG, bringing his total holding to 60,172,400 ordinary
shares in Powerhouse. 

Additionally, the Company announces that it has issued 1,599,994 ordinary
shares to certain former shareholders of PowerHouse Energy, Inc at 1p per share
in satisfaction of the elimination of the outstanding liability to such
persons. The agreement was reached in principle approximately six months ago
when the share price was 0.875p, however due to the number of parties involved,
it has not been possible to complete the transaction until today.

Application has been made for the 1,773,494 new ordinary shares to be admitted
to trading on AIM. Admission of such shares is expected to become effective and
dealings are expected to commence on AIM on 11 October 2013.

Following the issue of the above shares, there will be 348,307,920 ordinary
shares in issue.

For additional information please contact:

PowerHouseEnergy Group plc
Keith Allaun
[phone]

SanlamSecurities UK Limited (NOMAD and Broker)
David Worlidge/Simon Clements
[phone]